You have to somehow break out of the cycle, when you are so dependent on everything the Fed does or everything a central banker says. That kind of locks up the market, it is really frustrating we are stuck with these guys, and every time they say something the market reacts.

Joe Saluzzi

Categorized in : Company News

We keep getting conflicting reports out of those guys, the market... by Joe Saluzzi

We keep getting conflicting reports out of those guys, the markets are confused.

I think this is a bit of poker playing, or gamesmanship, that's going back and forth and it wouldn't shock me if a week from now, the meeting is back on.

How long can stay you stay in a slow growth environment, sub 2 percent? That's why people are actually looking for inflation, right now the market wants growth and they want the Fed to raise (interest rates), they'd love to see the Fed raise, but there has got to be a reason for that raise and right now there isn't.

Whether it's in the U.S., Japan or Europe, the market likes quantitative easing, but China concerns have not gone away.

They have a shoot-first and ask questions later mentality. by Joe Saluzzi

They have a shoot-first and ask questions later mentality.

This is certainly going to change expectations for Friday's numbers, some people think that the Fed will now delay raising rates.

You have a headline-driven market that moves every time there's a headline on Greece, it doesn't shock me, yet it doesn't make any sense.

There definitely will be an event. At least one, probably more, investors want a lower cost. In return for the lower costs they think they're getting there are also risks, and the risks usually involve technology. Lots of times they leave black eyes.

Maybe it was the Morgan Stanley news that kind of stimulated the event, but certainly not enough to move a stock $35 billion, what that is called is evaporation of liquidity, liquidity that was never there in the first place and it’s a typical maneuver that goes on in the fragmented stock market we have now.

What is really underpinning the market is the stimulus – that is what it is all about, the market loves money, whether it is fiscal or monetary, and right now you have both. So if you do pull the rug out from stimulus plans, that might be a problem, but they aren’t going to do that.